An assessment cycle is used in SAP to assign all primary cost elements and secondary cost elements from a sending cost center to the receiver cost center.When you want to transfer costs from one cost center to another costs from one cost center to another through an assessment cycle, sap use a secondary cost element and accumulates all the primary cost and secondary cost and send it to the receiving cost center.


Instead of using an assessment cost element, it is possible to specify which cost elements should be allocated under which assessment cost elements within an allocation structure.


Solvay is organized in Global Business units, groups of activities and activity 1. This structure is used to provide the proper reports for business follow-up.

The business structure is maintained by Group Accounting & Reporting. The updated list can be found in AODocs.

Example

List of Activity 1 in the GBU Soda Ash



AODocs is a document management system that integrates with Google Drive and provides central ownership of documents. It solves the problem of individual ownership of documents in Google Drive by transferring ownership to a single AODOCS account provisioned by IT. At a minimum it will provide a folder/file hierarchy that can be used to house and access team-based documents

 

 

Acronym of Annual Sales Listing.


Acronym of Account Receivables.


Acronym of Autoridade Tributária (Tax Authority).


Acronym of Asset Under Construction.


Project portfolio management software

Defines the price/unit of measure of a certain item to be allocated to production.
For example, values of worked hours, corresponding to the standard costs of the person depending of his/her level of salary.

AML or “Anti Money Laundering” practice is broader than KYC, and it refers to measures used by financial institutions and governments to prevent and combat financial crimes especially money laundering and terrorism financing.

Central repository of Solvay Group bank accounts. It contains the full list of Solvay bank accounts as well as documents (certificates, POAs…) related to them. AODOCS eBAM is the backbone for the bank account management process. 

Solvay Group Legal Entities repository managed by GAR & FSL.